Noosa Conference Video, page-5

"practically......this current pit was a means to an end where we get down to the floor of the pit and we drill the floor then we try to establish a resource in the bedrock underneath, look for extensions..."

... and here is what HAV Management is working towards:

The Mining Lease Proposal for the Portia Gold Project Trial Pit submission to PIRSA (March 2009 Rev # 7, Section 5.2.2) stated “if Havilah’s exploration proves successful and the [Portia] trial mining is successful in determining the [weathered bedrock] ore is economic to mine, then there is potentially over 20 kms of strike to mine. It could prove to be a long life operation if exploration is successful”.



“The key benefit however is that if the Portia Gold Project is indeed a success, a long life mine, comparable with the Telfer Mine in Western Australia is possible. That will yield inestimable returns for all the stakeholders.” (March 2009 Rev # 7, Section 5.2.1)

Cheers

These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional expert